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New Jersey Promissory Note in Connection with Sale of Vehicle or Automobile Form

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New Jersey Promissory Note in Connection with Sale of Vehicle or Automobile Form

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in in the real estate Arena when we run across our promissory notes or our real estate lean notes this is going to be related to the purchase or sale of real estate where you are borrowing money from a mortgage company a bank an individual whatever it might be and that lender of course is usually looking for security on that note so we like to use a real estate lean up because it describes what it is it is a promissory note that is secured by real estate and of course there will be a language within the scope of that document that evidences that so the question then behooves well what how is it secured well it is secured by security instrument which could be deemed a mortgage but typically here in the Texas Marketplace is secured by a deed of trust which is what creates the lien on the real property and gives the lender the security

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